
11- 151 Mcniven Road, Hamilton
Hamilton
$750,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by ROYAL LEPAGE STATE REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,400/mo
Estimated from market price-to-rent ratios
Remarks
Rarely available, this spacious condo townhouse provides over 2,1500 sq. ft. of above-grade living space, plus a finished basement, and backs onto peaceful greenspace in a well-managed Ancaster complex. The open-concept main level features engineered hardwood flooring, a bright white kitchen overlooking the dining area, a generous family room with a gas fireplace, and a separate living room, creating exceptional space for everyday living and entertaining. Upstairs you'll find three generous bedrooms, including a spacious primary suite with an oversized walk-in closet and a private ensuite featuring a separate tub and shower. Convenient bedroom-level laundry completes the upper level. Enjoy the private rear yard with a deck overlooking the greenspace. The finished basement adds a large office, bonus room, and abundant utility and storage space. Additional highlights include a double garage with inside entry, 2.5 bathrooms, and abundant visitor parking. Ideally located close to schools, parks, Meadowlands shopping, and restaurants, with quick access to major highways. Some images virtually staged.
MississaugaInvestor.ca
11- 151 Mcniven Road
Condo Townhouse · 3bd/3ba · ~2,125 sqft
$750,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.84%
Monthly Cash Flow
-$2,925/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-21.34%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$3,452 |
| Property Tax | −$788 |
| Insurance | −$225 |
| Condo Fee | −$740 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$2,925/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$9,450 |
| Insurance | −$2,700 |
| Condo Fee | −$8,880 |
| Annual NOI | $6,330 |
| Cap Rate | 0.84% |
Cash Required to Close
| Down Payment (20%) | $150,000 |
| Ontario Land Transfer Tax | $11,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $164,475 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.